Ludvig Mizes

Ludvig Mizes

Austrian-American economist
Date of Birth: 29.09.1881
Country: USA

Content:
  1. Ludwig von Mises: Austrian-American Economist
  2. Early Life and Education
  3. Academic Career
  4. Major Works
  5. Later Years and Legacy

Ludwig von Mises: Austrian-American Economist

Ludwig von Mises (1881–1973) was an Austrian-American economist known for his extreme liberalism in economics, advocating for no government intervention in economic institutions.

Early Life and Education

Mises was born in Lemberg, Austria-Hungary (now Lviv, Ukraine) on September 29, 1881. He graduated from the University of Vienna in 1906.

Academic Career

Mises served as a professor at the University of Vienna and New York University from 1913–1938 and 1945–1969. During World War I, he served as an artillery officer on the eastern front and later in the economic administration of the Ministry of Defense.

Major Works

Mises' notable works include:
"Theorie des Geldes und der Umlaufsmittel" (1912)
"Nation, Staat und Wirtschaft" (1919)
"Die Gemeinwirtschaft" (1922)
"Nationalkonomie" (1940)
"Socialism" (1936)
"Planned Chaos" (1947)
"Anti-Capitalistic Mentality" (1956)
Economic Philosophy

Mises was an advocate for extreme economic liberalism. He believed that the state should not interfere in any way in the operation of economic institutions. In his book "Socialism," he criticized socialist methods of economic planning.

Later Years and Legacy

After 1938, Mises lived in Switzerland until his emigration to the United States. He died in New York City on October 10, 1973. Mises' ideas continue to influence economic thought, particularly among libertarians and free-market advocates.

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